Lamb market continues to fluctuate at Bendigo

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Yarding - 17,450

Modest 10pc increase in supply with 11,700 lambs and 5200 sheep. Once again quality was an issue with properly finished lambs difficult to find across the yarding. The two major domestic processors didn’t operate. The market continued to fluctuate around quality and supply factors. As a rule heavy lambs over 26kg cwt were firm to a few dollars dearer, costing an estimated 780c to 820c/kg cwt. Lambs under 24kg cwt showed a softer trend at 740c to 780c/kg for the majority of trade pens sold to processors. Quality also played a role in the light lambs, with some of the bigger and better bred lines of genuine store lambs dearer but secondary and odd pen lots often cheaper.

The market reached a high of $289 for a pen of extra large crossbred lambs agents said had weighed 94kg liveweight after a curfew. Most export weighted lambs $235 to $265/head. The main run of heavy crossbreds, 26-30kg cwt, sold from $200 to $238 to av $219 at a ballpark 782c/kg. Lot of trade lambs from $160 to $185, the 22-24kg fat score 3 crossbreds averaging $173. Small store lambs $63 to $115, lambs with more frame size to the paddock $110 to $148.

In the sheep Merino ewes and wethers were up to $10 dearer and reached $127; heavy crossbred ewes similar at $90 to $123/head. Still a lot of sheep which sold from $60 to $90. Most sheep were estimated as costing processors from 300c to 350c/kg, with higher rates paid for a quality offering of young Merino wethers.

https://www.bendigo.vic.gov.au/Services/Bendigo-Livestock-Exchange